Florida State University Foundation Inc.
Florida State University Foundation Inc.
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About this organization
Mission
The Florida State University Foundation enhances the academic mission and vision of Florida State University through its organized fundraising activities and funds management. The FSU Foundation accomplishes its mission by fostering relationships with alumni and friends, advocating charitable giving and raising funds on behalf of FSU, soliciting contributions for academic purposes as part of FSU's overall advancement effort, investing and expending funds to meet current and future needs of FSU, and strengthening relationships with donors to FSU.
About
The Florida State University Foundation expends funds for purposes that enhance the academic mission of Florida State University. Academic support includes salaries, scholarships & fellowships, research, capital funding, equipment & supplies, travel, and other expenses. This support helps the university's outstanding faculty inspire students, foster and enhance strong academic programs, and serve as a key element to institutional greatness. Eminent scholars and professorships are prestigious positions held by the university's most accomplished faculty. Spending to support these positions means that academic excellence will be maintained. Curriculum development, internships, interdisciplinary work, experiential learning and academic enrichment all require private support.
Interesting data from their 2020 990 filing
The non-profit's mission, as documented in the filing, is “The florida state university foundation enhances the academic mission and vision of florida state university through its organized fundraising activities and funds management.”.
When explaining its purpose, the activities were described as: “The florida state university foundation enhances the academic mission and vision of florida state university through its organized fundraising activities and funds management. the fsu foundation accomplishes its mission by fostering relationships with alumni and friends, advocating charitable giving and raising funds on behalf of fsu, soliciting contributions for academic purposes as part of fsu's overall advancement effort, investing and expending funds to meet current and future needs of fsu, and strengthening relationships with donors to fsu.”.
- The non-profit is legally allowed to operate in the state of FL, as reported.
- The filing provides the non-profit's address in 2020 as 325 W COLLEGE AVENUE, TALLAHASSEE, FL, 32301.
- The non-profit has a total of 124 employees, as reported on their form for 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $9,807,995.
- The organization has 42 independent voting members.
- The organization was formed in 1960.
- The organization pays $12,169,715 in salary, compensation, and benefits to its employees.
- The organization pays $9,954,588 in fundraising expenses.